Output Management Software Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR43752
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The output management software market has the potential to grow by USD 9.29 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.95%.

This output management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (BFSI sector, healthcare sector, manufacturing sector, and other sectors) and geography (North America, APAC, Europe, South America, and MEA). The report also offers information on several market vendors, including Broadcom Inc., Hewlett Packard Enterprise Co., and Kofax Inc., among others.

What will the Output Management Software Market Size be in 2021?

Output-Management-Software-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Output Management Software Market

 Get Your FREE Sample Now!

Output Management Software Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing need to minimize the operational costs in IT departments is notably driving the output management software market growth, although factors such as growing concerns over data security may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the output management software industry get your FREE report sample now.

  • The growing need to minimize the operational costs in IT departments is a major factor driving the growth of the output management software market. 
  • The output management software aids in enhancing the flexibility of the IT department and helping the team to take timely decisions. 
  • The IT department can implement decisions instantly, which results in reduced costs and better end-user efficiency. 
  • The output management software also makes it convenient to extend the network of the printer with the expansion of the workplaces. 
  • The software eliminates the need for additional printing devices and offers services such as pull printing, mobile printing, and auditing functions.
  • The output management software helps in managing printers from one central location and helps to dispense printing options in the system landscape.
  • The latest output management software market trends, such as the outsourcing of services to Asian countries, will also drive market growth. 
  • Companies are opting to outsource their output management activities, including the printing process and document management to Asia.
  • This helps them to focus more on their core responsibilities, such as R&D and product development, rather than spending time and resources on print-related activities. 
  • A significant part of outsourcing occurs in operational print activities, such as printing materials such as memos, brochures, stationery, and manuals.
  • With several printing activities being outsourced, companies can achieve faster time to market. 
  • The rise in outsourcing services coupled with the need to minimize operational costs will drive output management software market growth

This output management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Output Management Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Broadcom Inc.
  • Hewlett Packard Enterprise Co.
  • Kofax Inc.
  • KYOCERA Corp.
  • Levi, Ray & Shoup Inc.
  • Lexmark International Inc.
  • Open Text Corp.
  • Pitney Bowes Inc.
  • Ricoh Co. Ltd.
  • Rochester Software Associates Inc.

 

The output management software market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the output management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Output Management Software Market?

Output-Management-Software-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

38% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for output management software in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Growth in the BFSI sector, the increasing use of output management software to digitize the workflow and to abide by the required regulatory compliances, and the rising number of SMEs that are employing output management systems will facilitate the output management software market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Output Management Software Market?

Output-Management-Software-Market-Market-Share-by-End-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

Output management software is used for document scanning and management, optical character recognition (OCR), and forms processing solutions in the BFSI sector. The software helps to achieve better security, reduction in cost, and improved traceability. BFSI can also attain a better green footprint through a reduction in paper consumption. These advantages are expected to boost the adoption of output management software in the BFSI sector in the coming years. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the output management software market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Output Management Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive output management software market growth during the next five years
  • Precise estimation of the output management software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the output management software industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of output management software market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Output Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

USD 9.29 billion

Market structure

Fragmented

YoY growth (%)

2.45

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 38%

Key consumer countries

US, Germany, China, UK, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Broadcom Inc., Hewlett Packard Enterprise Co., Kofax Inc., KYOCERA Corp., Levi, Ray & Shoup Inc., Lexmark International Inc., Open Text Corp., Pitney Bowes Inc., Ricoh Co. Ltd., and Rochester Software Associates Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The output management software market growth will increase by $7.10 billion during 2019-2024.
The output management software market is expected to grow at a CAGR of 2.50% during 2019-2024.
Technavio has segmented the output management software market by end user (BFSI sector, Healthcare sector, Manufacturing sector, and Other sectors) and geographic (North America, APAC, Europe, South America, and MEA).
Broadcom Inc., Hewlett Packard Enterprise Co., Kofax Inc., KYOCERA Corp., Levi, Ray & Shoup Inc., Lexmark International Inc., Open Text Corp., Pitney Bowes Inc., Ricoh Co. Ltd., Rochester Software Associates Inc. are a few of the key vendors in the output management software market.
APAC will register the highest growth rate of 38.73% among the other regions. Therefore, the output management software market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the output management software market growth are:
  • Increased use in healthcare industry
The output management software market vendors should focus on grabbing business opportunities from the bfsi sector segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Information Technology
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>